Thursday, February 4, 2021

Corruption on Wall St. - GameStop (video)


Here’s how Wall Street has always manipulated the markets
(The Daily Show, Feb. 3, 2021) Trevor Noah looks into the day traders on Reddit who took down a massive hedge fund by artificially inflating GameStop stock that hedge fund was betting against (or trying to short).

Now Wall St. is whining about it and getting their friends in the business and government to bail them out of their massive losses. Wall St. manipulating the market is nothing new. It's a predatory form of disaster capitalism for which our USA is justly infamous. Just ask Naomi Klein and other investigators.
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